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Tuesday, July 14, 2015

Deputy President Ramaphosa to discuss economic growth with China

Loyiso Langeni

14 July 2015

Deputy President Cyril Ramaphosa is today expected
to hold bilateral political and economic discussions with Vice President of
China, Li yuan Chao.

This is part of Ramaphosa’s official visit to the
People’s Republic of China which started yesterday.

In a statement Rampahosa’s office states that bilateral
discussions will take place within the framework of the Five-to-Ten Year
Strategic Programme, which was signed by President Jacob Zuma during his state
visit to the People’s Republic of China in December 2014.

Rampahosa Spokesperson Ronnie Mamoepa said the
thrust of Deputy President Ramaphosa’s visit to the People’s Republic of China
is on economic and trade matters with specific reference on how state-owned
enterprises can be utilised to promote economic growth while addressing
challenges of poverty and unemployment.

Mamoepa added that in this regard, Deputy President
Ramaphosa is expected to visit several Chinese State-owned enterprises with a
view of learning how South Africa could utilise the Chinese model in its own
re-industrialisation process.